1.  The price of the book is marked 20% above the C.P. If the marked price of the book is Rs. 180, then what is the cost of the paper used in a single copy of the book ?

A. Rs. 36
B. Rs. 37.50
C. Rs. 42
D. Rs. 44.25

Answer: Option B

Explanation:

Clearly, marked price of the book = 12% of C.P.
Also, cost of paper = 25% of C.P.
Let the cost of paper for a single book be Rs. n.
Then, 120 : 25 = 180 : n
 n = Rs.  25 x 180/120 
         = Rs. 37.50.